Every decade we seem to come up with a buzz-word to describe the things we should be doing right all the time. Forever we have heard our parents or grandparents use little phrases to get our attention. "If it is worth doing, it is worth doing right? Or "Never enough time to do it right, but always making time to do it over." Quick quotes like these and there must be a hundreds of different ones which all lead to the same thing. In the 1980's and early 1990's it was TQM or Total Quality Management. Deming and Peters harped on this like there was no tomorrow. Then later on we had the Six Sigma by GE and the Jack Welsh crowd of executives and remember the ISO 9000 series of quality and perfection. Now then let's get back to; TQM Total Quality Management, the book. If you have not read it, then you should because you can buy it at any garage sale for $1.00 or at a used book store for $4-5 dollars. Amazon has tons of used ones for sale as well. Make sure you buy the right book, as there must be 100 or more books on that subject:
Total Quality Management-Strategic Planning, By Stephen George and Arnold Weimerskirch. 1994 Book
This book talked about Quality Management and benchmarking in manufacturing. I find its content way out dated and fear for any company using these principles today, but I fear worse for any company not striving for the concepts that are discussed. You should read the book for sure, no doubt, but conceptually, not verbatim. Things move much faster now business.
I believe a CEO of any company ought to already know all aspects of the business and not need to be involved in all this observation and planning, but I fear they do not, as we keep seeing executives take unnecessary risks and short cuts, which all too often end up biting them in the butt. I would say that the time process and the steps used in this process are too numerous and time consuming to keep up with the reality of today's modern business when it has to be there yesterday or in real time, however your parents and grandparents were right and you should sweat the small things and details.
All the committees, referees, tour guides, management etc. it is a wonder how anything got done. This is why the computer industry with novice management was able to literally blow the doors off these large companies in bringing products and innovation to market so fast. It is because they skipped the vary steps outlined in this book. It is also a reason for lower profits at these large institutional type companies; too much organizational overlay in the way to accomplish the tasks at hand. Many of the companies listed as great quality Management achievers of yesterday, are today, as in this year laying off 1000s of people, some are totally gone or merged. It was interesting to read the WSJ for the prior decade and all the companies who excelled at this TQM thing are getting a lesson in sector rotation and making earnings warnings. They got too big for their own britches. Committees, meetings, plans, strategic plans, bench marking, objectives, time schedules, supervisor meetings, advisory councils, strategic objectives, paper work, etc.
It is almost unbelievable that we now have 10s of 1000s of managers who still think this way in their 50s and 60s running these companies. They need to move out of the way of progress, they are what is wrong with America and what will keep American companies from competing in the global arena. This does not mean you should forgo quality, it means you should focus on the skill sets and details and know the plays you ran in practice and run for goal line. Thank god no one on our team or my companies were ever buried in such minutia. I see many of our competitors that are large companies making the same mistakes in this book.
Do not get me wrong, TQM although just a buzz word stands for something, but in the end you must Keep It Simple Stupid; KISS. So with that said if you have not read the book, you need it on your business shelf and you should read it for a concept of thinking necessary to do it right, but also realize most importantly you must "Just Do It," and get it done.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
Experts estimate that 90 percent of Australian businesses are overspending... Read More
The format of a Business Plan is something that has... Read More
I. INTRODUCTIONThe term resilience, which is of frequent use in... Read More
Ask Yourself three simple questions that affect your strategy planning...... Read More
Business planning is widely acknowledged as one of the keys... Read More
( * - the word 'product' can be substituted to... Read More
As fast as you can say business disaster, your business... Read More
The University of Exeter in the United Kingdom recently published... Read More
I've either been involved with or held a process-related role... Read More
One of the most powerful driving forces in human nature... Read More
Do you work in or own a business that's affected... Read More
Microsoft Great Plains does wonderful ERP job for horizontal markets... Read More
Succession planning, like any business acumen, is both an art... Read More
In 1989, Sony founded its Institute of Wisdom at the... Read More
David E. Gumpert, author of Burn Your Business Plan, often... Read More
Is your business growing as fast and effectively as it... Read More
We have been spending many hours surveying the market for... Read More
Whether you are seeking capital for your company or are... Read More
Please take a moment before you read any further and... Read More
All investors greatly desire and are motivated by a clear... Read More
Writing a business plan can be tricky when all the... Read More
From time to time there seems to be a flurry... Read More
A focus group is a group of employees or current... Read More
If you own a mobile car wash business or auto... Read More
If you are in the parking business and own or... Read More
The new check cashing instant clearing will take some time... Read More
Want to become more strategic? Add these traits to your... Read More
No "meme" isn't a typo and Got Milk, the more... Read More
Last week we talked about a few of the ways... Read More
Franchised companies often require what some believe to be excessive... Read More
Every new business owner knows that a business plan is... Read More
Are you frustrated by the lack of growth in your... Read More
"Most great plans aren't. They are just nice, high-level ideas."That's... Read More
For many consumers and producers, MSP is an acronym for... Read More
The day you decide to take the plunge and work... Read More
Would you like to jumpstart your online or offline business... Read More
The University of Exeter in the United Kingdom recently published... Read More
If you are a successful franchise of a large franchise... Read More
"Begin with the end in mind," says Stephen Covey in... Read More
All investors greatly desire and are motivated by a clear... Read More
Every new business owner knows that a business plan is... Read More
Succession planning requires the owner of a small or medium-sized... Read More
No matter what business you plan to start in your... Read More
If you own a mobile car wash business or auto... Read More
It doesn't take a Terrorist Act, Tsunami or Earthquake to... Read More
How often does your company make a quantum leap forward?... Read More
Writing a business plan is not an easy endeavor, nor... Read More
When in doubt, cut that out! Yeah, yea, doubting Thomas... Read More
In most business plans, no matter how striking the idea,... Read More
Writing a Business Plan these days is tough, venture capitalists... Read More
Microsoft Great Plains fits horizontal markets clientele and in case... Read More
It is always said "If you Fail to Plan, you... Read More
When developing the competition section of your business plan, companies... Read More
If you own a mobile franchise business and wish to... Read More
Strategic planning and consulting is the strategy roadmap to manage... Read More
Writing a business plan can be tricky when all the... Read More
A strategic alliance is when two or more businesses join... Read More
I am surprised how few sales professionals, independent consultants, and... Read More
Have you been in a "brainstorming" session where each person... Read More
Whether you are seeking capital for your company or are... Read More
A recent conversation started with a typical question, "How's business?"... Read More
Strategic alliances are increasing at a rapid rate. It is... Read More
Growing your own small business can be one of the... Read More
If you own a pressure washing business one of the... Read More
GETTING STARTED WITH SUCCESSION PLANNING: PART IA survey of 4,300... Read More
Making money doesn't make your reputation... your reputation makes you... Read More
Strategic Planning |